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Bridgeport Greenlights Tax Incentive for Fuel Cell Project

Town of Bridgeport logoTown of Bridgeport
Disclosed value
$15,000,000
From agenda
Document date
Oct 16, 2023
Term
20 years

The 30-second brief

What it covers

Bridgeport approves tax incentive for $15M fuel cell project, promoting clean energy and economic development. The project will generate renewable energy and provide tax revenue to the city.

Who holds it

VFS holds this tax incentive development agreement contract with Town of Bridgeport. Its other public contracts on record include work for Martin County School District and Town of Sharon.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Tax Incentive Development Agreement
Amount
$15,000,000
Document date
October 16, 2023
Term
20 years
Vendor
VFS
Agency
Town of Bridgeport
Source document
bridgeport-city-council-agenda-energy-projects-infrastructure-oct-16-2023_4c9.pdf (Agenda)

VFS's other public contracts

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Questions about this contract

Who was awarded the tax incentive development agreement contract by Town of Bridgeport?

VFS was awarded this tax incentive development agreement contract by Town of Bridgeport, as recorded on October 16, 2023. The contract value is $15,000,000.

How much is the VFS contract with Town of Bridgeport worth?

The VFS contract with Town of Bridgeport is valued at $15,000,000, covering tax incentive development agreement work.

What type of contract is this?

This is a Tax Incentive Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in bridgeport-city-council-agenda-energy-projects-infrastructure-oct-16-2023_4c9.pdf (Agenda), dated October 16, 2023 from Town of Bridgeport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VFS hold?

VFS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Bridgeport currently buying?

Explore Town of Bridgeport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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